{"id":10075,"date":"2018-08-09T15:16:31","date_gmt":"2018-08-09T13:16:31","guid":{"rendered":"https:\/\/www.munich-business-school.de\/insights\/?p=10075"},"modified":"2019-05-15T11:01:24","modified_gmt":"2019-05-15T09:01:24","slug":"handelsblatt-givve","status":"publish","type":"post","link":"https:\/\/www.munich-business-school.de\/insights\/en\/2018\/handelsblatt-givve\/","title":{"rendered":"Handelsblatt Article Tells Story of MBS Alumnus Patrick L\u00f6ffler’s 20 Million Euro Startup Exit"},"content":{"rendered":"

In 2010, MBS alumnus Patrick L\u00f6ffler founded his own business, BonaYou, offering gift vouchers in credit card form for end customers. Later on, he did not only change the company name to givve<\/a>, but also readjusted his business model, henceforward committing to b2b-based services \u2013 what turned out to be a great and innovative idea and eventually made givve assume market leadership in their respective business area across Germany.<\/p>\n

Now, Patrick sold his startup to Up Group<\/a>, an international cooperative group based in France \u2013 for almost 20 million Euro!<\/p>\n

\"MBS<\/a>
Patrick L\u00f6ffler (in blue shirt) with MBS Dean Prof. Dr. Stefan Baldi and MBS students during the 2018 MBS Start-Up Spirit Event.<\/figcaption><\/figure>\n

German business magazine Handelsblatt has published a very interesting story<\/a> (in German language) that depicts Patrick’s whole journey from founding his startup to exiting it.<\/p>\n

Congratulations on this awesome achievement, Patrick!<\/p>\n

The givve logo is courtesy of PL Gutscheinsysteme GmbH.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In 2010, MBS alumnus Patrick L\u00f6ffler founded his own business, BonaYou, offering gift vouchers in credit card form for end customers. Later on, he did not only change the company name to givve, but also […]<\/a><\/p>\n<\/div>","protected":false},"author":26,"featured_media":10080,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10430,10432],"tags":[6611,6562,2860,7355,6907,2555],"coauthors":[685],"class_list":["post-10075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archiv","category-archive","tag-exit","tag-givve","tag-handelsblatt-en","tag-innovation-2018","tag-patrick-loffler","tag-start-up"],"yoast_head":"\nThe Story of MBS Alumnus Patrick L\u00f6ffler's 20 Million Euro Startup Exit<\/title>\n<meta name=\"description\" content=\"German business magazine Handelsblatt has published a very interesting story that depicts MBS alumnus Patrick L\u00f6ffler's story from founding his own startup to exiting it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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